Common use of Right to Change in Control Severance Benefits Clause in Contracts

Right to Change in Control Severance Benefits. The Executive shall be entitled to receive from the Company Change in Control Severance Benefits as described in Section 5(g) herein, if during the term of this Agreement there has been a Change in Control of the Company and there is a Termination (as defined in Section 5(f)) prior to the expiration of the Employment Term (as defined in Section 5(c)).

Appears in 2 contracts

Samples: Executive Severance Agreement (Imc Global Inc), Executive Severance Agreement (Imc Global Inc)

AutoNDA by SimpleDocs

Right to Change in Control Severance Benefits. The Executive shall be entitled to receive from the Company Change in Control Severance Benefits as described in Section 5(g) 5.07 herein, if during the term of this Agreement there has been a Change in Control of the Company and there is a Termination (as defined in Section 5(f)5.06) prior to the expiration of the Employment Term (as defined in Section 5(c)5.03).

Appears in 2 contracts

Samples: Employment Agreement (Imc Global Inc), Employment Agreement (Imc Global Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.